STORMERSFAN
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- Feb 13, 2016
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Statement of account says 0 from 01/012020 to 28/07/2020..did I do something wrong?
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What are you on about. None of the guys who submitted early have been marked for audit.They just love to get audited.
If by audited you mean have to submit documents for verification then yes I have. But it happens every year.What are you on about. None of the guys who submitted early have been marked for audit.
Submitted my return, was not submitted for auditing and received my refund this morning. 48 hours from submission to refund received.They just love to get audited.
Yes, that is correct.Getting a lot back isnt a good thing though necessarily. If you are a salaried employee and your RA and medical is run through payroll you get the monthly tax benefit if you receive a lot back as a salaried employee it means that you only benefit at the end of the year. its more a cashflow thing than anything else.
IIRC banking details needs to be changed at a SARS branch.
I had a similar issue 2 years back. Took my new banking details to a branch, then later when my tax return was submitted, it got placed on a special hold and I had to go back to a branch with my banking details again.
Other than affecting month to month cashflow it doesn't really count against you though, unless you take into considering possible interest you could have earned on the money.Getting a lot back isnt a good thing though necessarily. If you are a salaried employee and your RA and medical is run through payroll you get the monthly tax benefit if you receive a lot back as a salaried employee it means that you only benefit at the end of the year. its more a cashflow thing than anything else.
That is my main concern.Other than affecting month to month cashflow it doesn't really count against you though, unless you take into considering possible interest you could have earned on the money.
My company doesn't do RA deductions for us, which is ok - I see it as a small bonus every year when I do my tax.
SARS has got a tax directive for you but the fund has not yet issued the IRP5 certificate. For lump sums both the IRP5 and tax directive must be on their system and match each other before the assessment gets processed.Hi Guys, what does this mean "4482 - IRP5 L/S AMOUNT MISSING". Refuses to show my calculations but I have no clue what I am doing wrong?
Mine is more than I expected actually... But I did have a R20k out of pocket medical expenseanyone else noticed they are getting back much less this year?
No. Actually more than the last 5 years.anyone else noticed they are getting back much less this year?
Getting back a bit more this year.anyone else noticed they are getting back much less this year?
Super impressed. Used the iOS app, everything was properly populated. Getting back R4k, hope it clears soon!
Now I have to figure out provisional taxes, which don’t seem to be possible via the app.
Is the app called : Sars mobile efiling?